Fieldfisher has reported a modest 4% gain in revenue in its latest financial results, hitting £398m in the year to 31 March 2026, as profit per equity partner (PEP) dipped slightly to £975k.
PEP fell 3% during the year, having hit £1m in FY25 after rising 3%.
Fieldfisher’s managing partner, Robert Shooter, said FY26 had been a year of “significant investment” in the firm’s capabilities and infrastructure central to its long-term strategy, and that the firm had “maintained positive momentum across the business despite difficult market conditions”.
He added: “We launched offices in Poland and Portugal, strengthened our presence in Ireland through our merger with Regan Wall, invested significantly in our Belfast operations and continued to develop our technology and AI capabilities, demonstrating our commitment to building a more connected, integrated and capable European firm.”
The firm pointed to strong growth across key practices, with double-digit increases in people and work (18%), personal injury and medical negligence (17%) and real estate (15%). Its four core sectors – energy and natural resources, financial services, life sciences and technology – also performed strongly, the firm said, generating more than £141m in revenue over the course of the year.
Fieldfisher pointed to strong growth in the UK fuelled by increasing cross-border collaboration, and across much of its international network, particularly in Austria, France, Germany and Ireland, where revenue grew 25% through the merger with Regan Wall, a move that saw its Ireland practice expand into Cork and grow to 18 partners and 140 professionals. It also relocated 90 roles to its business services centre in Belfast, which has grown to more than 300 professionals since its launch with five people in 2018.
Fieldfisher continued to expand its European network during the year, debuting in Poland with a 25-lawyer team hired from local firms in a move that saw it open offices in Warsaw and Krakow and in Portugal with a team of nearly 50 lawyers recruited from Portuguese practice AMA. The firm now comprises more than 2,200 people across 28 offices in 14 countries.
Work highlights over the course of the year included successfully representing Mikhail Rabinovich in a $14bn Russian commercial dispute in the Court of Appeal, one of the highest-value claims ever brought before the English Commercial Court.
The firm also successfully represented Google in a landmark High Court trademark dispute concerning its use of ‘YouTube Shorts’, while on the finance side it acted for Cornish Metals, the AIM-listed tin development company, on its $210m Nordic bond issue to support the South Crofty tin project.
Looking to technology, the firm said it had expanded Fieldfisher X, its innovation and AI hub in Berlin, and launched a new firmwide AI strategy focused on building its internal AI capabilities and capacity, developing new products and services and increasing operational efficiency and client service innovation.
The firm also invested in its office infrastructure across Europe, including an office refurbishment in London and office moves in Belfast, Berlin, Birmingham and Milan.
Fieldfisher’s 40 partner hires over the course of the year focused on investments in key locations in Europe, including London, where financial markets and products partner Annalie Croney joined from PwC.
The firm also added technology and data partner Simon Assion in Frankfurt from Bird & Bird and real estate partner Michael Ziegaus-Clavien in Munich from DLA Piper, as well as regulatory duo Bobby Arash and Hendrik Viaene in Brussels from Swedish firm Ramberg Advokater and McDermott Will & Schulte, respectively.
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